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Kazakhstan's national sea carrier reveals oil transportation volume via Caspian Sea

Construction Materials 28 May 2020 12:54 (UTC +04:00)
Kazakhstan's national sea carrier reveals oil transportation volume via Caspian Sea

BAKU, Azerbaijan, May 28

By Nargiz Sadikhova - Trend:

Kazakhstan’s Kazmotransflot (KMTF) National Sea Carrier has transported 3.5 million tons of oil over the course of first four months of 2020 which is 182 percent compared to the planned 1.9 million tons, KMTF representative told Trend.

The official said that this volume includes 152,000 tons of oil transported via the Caspian Sea, while the remaining 3.3 million tons were transported via high seas.

The company official also talked about operational plans for May.

The KMTF representative said that the production plan for May and for 2Q2020 in general is transportation of 1.4 million tons of oil including 45,000 tons to be transported via the Caspian Sea and 1.2 million tons to be transported via high seas.

The total volume of oil transported by Kazakhstan’s Kazmotransflot National Sea Carrier has amounted to 2.3 million tons in 1Q2020 compared to the planned 1.4 million tons. Thus, the plan was overdone by 158 percent.

The official said that during the reporting period, KMTF transported 168,000 tons of oil in the Caspian region, and the volume of oil transportation by KMTF in the high seas amounted to 2.1 million tons of oil in 1Q2020.

KMTF is Kazakhstan’s National Sea Carrier the main activities of which are safe and reliable operation of the fleet, development of national sea trade and service fleets, and increasing the profitability of shipping, both in the Caspian region and beyond.

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